BUZZ — Street View: Magnitude of BofA money laundering fine significant
* Bank of America has been fined $1.21 billion by US regulators for widespread failures to detect potential money laundering and other illicit activity, a penalty the bank said will hurt Q3 earnings * Shares of the second-largest US bank fell 1.7% in premarket trading; stock down 1.9% YTD through last close Bigger-tha